Credit transfer

Credit transfer is an easy way to make euro payments in Finland and to European banks. Credit transfers are made in the same way irrespective of whether the payee's account bank is in Finland or abroad.

Faster credit transfers enabled

Nordea has introduced faster credit transfers for all credit transfers made by Nordea’s personal and corporate customers.

As a rule, funds are now transmitted to recipients on the same banking day, if the payment has been confirmed before 14.00 Finnish time (EET). The upgrade concerns all euro-denominated credit transfers from Nordea to another financial institution in Finland or in Europe.

Credit transfers between Nordea customers in Finland continue to be transmitted in real time, as before.

Benefits to personal customers

Funds are transferred to the recipient on the same banking day

Payments made over the weekend will be transferred to the recipient's bank on the next banking day

The faster transmission of credit transfers requires no action on the customer’s part and causes no changes to the use or terms and conditions of existing services.

Credit transfer

Credit transfers and payments can be made in many different ways: in Netbank, at a payment ATM or at a branch.

To make a credit transfer you need the payee's account number in the IBAN (International Bank Account Number) format. A credit transfer is always transmitted at the price of a domestic payment.

Your benefits:

A credit transfer is transmitted to a European bank as quickly as to another domestic bank.

You can make the credit transfer in the same way irrespective of whether its destination is Finland or another country in Europe.

The pricing is the same as in domestic payments.

The credit transfer amount is transferred to the payee’s account in full.

As a self service

In Netbank and at a payment ATM

In a credit transfer made between accounts with Nordea the funds are transferred immediately between the sender and the recipient. Nordea transmits a credit transfer/payment to the payee’s bank in Finland or Europe during the same banking day or for the next banking day.

The payment is transmitted to the payee’s bank during the same day if the payment has been made in Netbank or at an ATM before 14.00 EET. Payments made after this will be transmitted to the payee’s bank the next day.

Please note that payments to other banks are transmitted on banking days only.

Payments made at weekends or on midweek holidays are not transmitted to other banks until the next banking day.

Credit transfers between Nordea Bank AB (publ), Finnish Branch's account customers are also entered at weekends and on midweek holidays.